Sure, it is public, but the price is going down, not up, as the IPO was just the exit strategy for all the investors who funded a site that never made a profit.

Sure, it is public, but the price is going down, not up, as the IPO was just the exit strategy for all the investors who funded a site that never made a profit. And the overall vibe of the contents is bots and memes, not substantial content. There are exceptions to that, but that is exactly what they are - exceptions. I'm not saying it'll be dead next week or anything... on the contrary, it probably will find a groove to survive in. But "substantial brain drain" sounds like a perfect description of what it really is.